Among attendees of today's Evansville Rotary Club luncheon, Governor Mike Pence kicked off "Hoosier Solutions Week" and signed Executive Order 13-20, which transforms the existing Office of Federal Grants and Procurement into the Office of State-Based Initiatives (OSBI).
Governor Pence is spending this week talking to Hoosiers across the state about finding Hoosier solutions to the problems caused by Washington, D.C. and the federal government. In 2012, the federal government collected $51.2 billion from Hoosier taxpayers and businesses. This year, forty-nine state departments and agencies will receive almost 20 percent of that money in the form of federal grants, stipends, and programs that often come with expensive, burdensome mandates and regulations that stifle ingenuity, cost Hoosier taxpayers, and hamstring Hoosier businesses.
"I've long held the belief that Hoosiers hold the key to releasing Indiana from federally-created mandates and regulations that undermine state sovereignty and hinder economic growth," said Governor Pence. "With the assistance of the Office of State-Based Initiatives, Indiana will work to untangle itself from burdensome federal policies, seek to increase state innovation, and ultimately strive to persuade the federal government to return to the principles of federalism."
The OSBI will be tasked with coordinating with state agencies to perform a cost-benefit analysis on every federal grant opportunity; ensuring each agency has a block grant contingency plan; tracking the costs of federal regulations by studying data, surveying businesses, and talking to Hoosiers; and publishing an annual study of these costs and sharing it with Indiana's Congressional Delegation.
In his speech, Governor Pence said that by quantifying the costs of federal regulations and informing Congress about them, the OSBI "will help, over the long run, reduce federal regulatory burdens on state and local governments, taxpayers and Hoosier businesses."
Hoosier Solutions Week runs through Thursday, August 1.